|Bid||118.30 x 1800|
|Ask||118.31 x 900|
|Day's range||117.63 - 118.43|
|52-week range||89.05 - 129.34|
|Beta (3Y monthly)||1.04|
|PE ratio (TTM)||14.29|
|Earnings date||15 Jan 2020 - 20 Jan 2020|
|Forward dividend & yield||1.72 (1.48%)|
|1y target est||131.79|
Dividend paying stocks like American Express Company (NYSE:AXP) tend to be popular with investors, and for good reason...
As the holiday shopping season kicks off, shoppers from coast to coast made an impact at small businesses on the 10th annual Small Business Saturday, held on November 30, 2019. “We all came together on Saturday to prove that shopping small really does add up,” said Elizabeth Rutledge, Chief Marketing Officer at American Express.
Andy Goldberg, SVP Global Brand Planning & Content at American Express, joins Yahoo Finance's Adam Shapiro on The Ticker to break down how 'shopping small' can impact the local economy.
Earlier this year, American Express announced it was acquiring Resy, the New York-based restaurant reservation platform whose software was used by 4,000+ restaurants across 10 countries. This week, the company has taken the next step to now integrated Resy's system within the Amex Mobile App. In a new restaurant booking feature, Resy's inventory will be combined with the American Express Global Dining Collection and other partners, including BookATable and SevenRooms, to offer cardholders reservations from over 10,000 restaurants worldwide.
The travel website recently compiled the most expensive and affordable airports in all 50 states, and ranked Newark Liberty International Airport at the top of the pricey list.
American Express (AXP) today released its 2019 Digital Payments Survey, in which over two thirds of U.S. merchants (69%) reported that significant amount of company time and expense is dedicated to dealing with payment fraud. Nearly eight-in-ten U.S. merchant respondents (77%) reported that their companies experienced some type of fraud over the course of being in business, and their efforts to manage security are impacting their businesses’ bottom lines.
American Express Chairman and Chief Executive Officer, Stephen J. Squeri, will participate in the Goldman Sachs U.S. Financial Services Conference in New York City, on Tuesday, December 10, 2019, at 11:10 a.m.
American Express (AXP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In honor of the 10th annual Small Business Saturday®, taking place on November 30, American Express is illuminating the challenges and opportunities facing small business owners today, as well as educating consumers on the positive impact of shopping small year-round. With the state of retail changing – from rising rents to shifting consumer behavior – and many communities experiencing shuttering shops, support of small businesses is vital. “We recognize the hardships faced by small business owners today and want to inspire people to take notice and Shop Small to support their communities on Small Business Saturday and beyond,” said Elizabeth Rutledge, Chief Marketing Officer at American Express.
American Express’ virtual Card technology will soon be available in Coupa to provide customers with a simplified business payment experience
(Bloomberg) -- Chinese payments giants Alipay and WeChat Pay, long a source of worry among competitors abroad, plan to open up their platforms to foreigners visiting the mainland as regulators ease restrictions.The apps, which dominate payments across the world’s second-largest economy and have even supplanted cash at some businesses, announced the plans in rapid succession after previously requiring users to have local accounts. Opening up to visitors may give an incremental boost to spending on the platforms -- but for overseas firms, it has big implications, potentially helping pave the way for future adoption abroad.“Although there will be some revenue coming from the foreigners using the card, the more interesting aspect is how seamless the cross-border Alipay and WeChat Pay experience is becoming,” said Zennon Kapron, founder and director of research consultant Kapronasia.Behind the scenes, China’s central bank recently told a number of payments firms they will soon be allowed to plug foreign cards into their apps for use in China, according to two people with knowledge of the situation. Previously, regulatory concerns about money laundering and cross-border cash flows had prevented that from happening. The central bank offered no immediate comment to an inquiry sent by fax.The move will provide relief to some of the more-than 30 million people who visit China annually and sometimes struggle to find alternate payment methods. Alipay and Tencent account for 94% of the country’s mobile-payment market.Already, Alipay and WeChat Pay’s logos are visible in stores and taxis in major cities around the world as the firms focus on helping Chinese travelers there. The expectation across the industry is that the apps will someday use that infrastructure to attract locals in those destinations.To be sure, the ability to work with credit cards is still pending. In its announcement, Ant Financial’s Alipay laid out a system that will work around current restrictions and can start immediately.Alipay said it’s letting travelers use a prepaid card service provided by the Bank of Shanghai. That means customers will have to periodically top off that account, which will be limited in amount.In contrast, Tencent Holdings Ltd.’s WeChat Pay intends to let people more directly connect their existing cards to its app. Visa described that plan in a statement of support early Wednesday in China, saying it will essentially enable its cards to work across China.“This is a great step forward, both for consumers traveling to China and the overall payments industry,” Visa said. “This partnership means that we’ll be working towards an environment where Visa cardholders will be able to use their Visa card in China at the millions of places where WeChat Pay is accepted, instead of having to rely on cash.”The companies didn’t provide a time frame.Tencent, acknowledging that it’s working under guidelines from regulators, said it has been discussing cooperation with U.S. card-network operators Visa, Mastercard, American Express and Discover as well as Japan’s JCB to support the linking of overseas credit cards to Wechat Pay.(Updates with researcher’s comment, regulatory guidance, statistics on market from third paragraph.)To contact Bloomberg News staff for this story: Lucille Liu in Beijing at firstname.lastname@example.org;Heng Xie in Beijing at email@example.com;Lulu Yilun Chen in Hong Kong at firstname.lastname@example.orgTo contact the editors responsible for this story: Jun Luo at email@example.com, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Winners To Be Awarded Share of $2 Million in American Express Preservation Grants Decided Through Public Voting Campaign
The US GDP increased at an impressive rate of 1.9% for the third quarter. The growth beat the expectations of around 1.6% for the quarter.
All of the allies — who must be senior executives who are not LGBT+ but support LGBT+ inclusion — were nominated by peers and colleagues, or put themselves forward.
Some American Express Company (NYSE:AXP) shareholders may be a little concerned to see that the Independent Director...
American Express has teamed up with Nova Credit, a cross-border credit reporting startup, on a first-of-its-kind digital capability that offers prospective Card Members the ability to share their international credit reports with American Express when applying for an American Express U.S. Personal Card. At this time, the feature can access credit reports from Australia, Canada, India, Mexico and the United Kingdom, and will be made available in more countries over time.
Visa's shares have grown very consistently, but one concern I would have about these payment processing firms are their rich valuation multiples, which have inflate with their stock prices.
American Express Group President, Global Consumer Services Group, Doug Buckminster, will participate in the Bank of America Future of Financials Conference in New York City, on Tuesday, November 5, 2019, at 11:20 a.m.